INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

RCCG CITY OF DAVID UNDERGOING AUDIT AS ILUYOMADE'S REPLACEMENT RESUMES. (PHOTO).


 RCCG City of David undergoing audit as Iluyomade’s replacement resumes


Pastor Charles Kpandei, who replaced a former Pastor of the Redeemed Christian Church of God’s City of David parish in Lagos State, Idowu Iluyomade, resumed at the parish on Sunday.

According to Church Times, on resumption, Kpandei first introduced himself to the church and then preached on the subject of heaven.

Kpandei urged members to welcome one another to church during the second service of the City of David.

He said, “Are you really happy to be in church today? For those of you who are just coming for the second service, it is important to tell you that I am called Pastor Charles Kpandei.

“You need that name because you are going to tell somebody that on behalf of Pastor Charles Kpandei, you are welcome to church today.”

Before going to the main message, he prayed that God would remember the City of David for good, quoting Nehemiah 13v14.

According to the report, the parish is being audited by a notable audit firm amid an alleged N320 million debt, following the suspension of Iluyomade on June 1, 2024.

Iluyomade was suspended for three months by the church’s Governing Council after a panel was constituted to investigate the allegations against him and the parish.

He was asked to resume at the church’s headquarters after the suspension.

The embattled pastor, fondly called PID, received a letter of his suspension two weeks ago and was immediately replaced by Kpandei of the church’s Resurrection Parish Region 11.

Iluyomade, who is the Special Assistant to the RCCG General Overseer on Christian Social Responsibility, has been in the eyes of the storm following the elaborate 60th birthday of his wife, Siju, shortly after the death of the then Chief Executive Officer of Access Bank, Herbert Wigwe, who was a prominent member of his church.

PUNCH Online had gathered that the pastor was suspended on two issues bordering on the audit of the church and the alleged resistance by the pastor to be transferred from the parish.

However, a source in the church who prefers to be anonymous told Church Times that the parish is currently being audited by an audit firm which is not an RCCG financial and audit practice.

The source added that the audit was necessary because RCCG auditors did not audit most of the provinces under the Apapa family.

“Iluyomade, the erstwhile pastor of the church, was suspended on June 1 following complaints and allegations against him. He was asked to resume at the church’s headquarters.

“The parish is currently being audited by KPMG, which is not an RCCG financial and audit practice. It was necessary to get an external auditor because before now, most of the provinces under the Apapa Family were not audited by RCCG auditors, ” the source noted.

During Sunday’s church service on June 9, one of the pastors made the announcement, stating that the church paid about N15 million for the construction of the Trinity Tower between June 1 and 8.

The pastor, however, told the congregation that the parish had an outstanding N320 million debt, which was indicated in the financial sheet displayed on the screen.

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